Common use of Admission of Additional Members Clause in Contracts

Admission of Additional Members. Except as otherwise expressly provided in this Agreement, no additional members may be admitted to the Company through issuance by the company of a new interest in the Company without the prior unanimous written consent of the Members.

Appears in 304 contracts

Samples: Limited Liability Company Operating Agreement (Sibannac, Inc.), Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement

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Admission of Additional Members. Except as otherwise expressly provided in this Agreement, no additional members may be admitted to the Company through issuance by the company Company of a new interest in the Company without the prior unanimous written consent of the Members.

Appears in 57 contracts

Samples: Insert State Here] Operating Agreement, Insert State Here] Operating Agreement, District of Columbia Operating Agreement

Admission of Additional Members. Except as otherwise expressly provided in this Agreement, no additional Additional members of the Company may be admitted to the Company through issuance by with the company of a new interest in the Company without the prior unanimous written consent of the Members, but such admission shall not become effective until this Agreement is amended to reflect the newly admitted member’s rights hereunder.

Appears in 30 contracts

Samples: Limited Liability Company Agreement (Detroit Radio, LLC), Limited Liability Company Agreement (Detroit Radio, LLC), Limited Liability Company Agreement (Detroit Radio, LLC)

Admission of Additional Members. Except as otherwise expressly provided in this the Agreement, no additional members may be admitted to the Company through issuance by the company of a new interest in the Company without the prior unanimous written consent of the Members.

Appears in 15 contracts

Samples: Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement

Admission of Additional Members. Except as otherwise expressly provided in this Agreement, no additional members may be admitted to the Company through issuance by the company Company of a new interest in the Company without the prior unanimous written consent of the MembersMember.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (Sidney Rich Associates, Inc.), Operating Agreement (Atlas Energy Tennessee, LLC), Limited Liability Company Agreement (Kbw, Inc.)

Admission of Additional Members. Except as otherwise expressly provided in this the Agreement, no additional members may be admitted to the Company through issuance by the company of a new interest in the Company Company, without the prior unanimous written consent of the Members.

Appears in 8 contracts

Samples: Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement

Admission of Additional Members. Except as otherwise expressly provided in this the Agreement, no additional members may be admitted to the Company through issuance by the company of a new interest in the Company without the prior unanimous written consent of the MembersMember.

Appears in 7 contracts

Samples: Limited Liability Company Operating Agreement (Global Income Fund, Inc.), Limited Liability Company Operating Agreement (Global Income Fund, Inc.), Limited Liability Company Operating Agreement (Global Income Fund, Inc.)

Admission of Additional Members. Except as Unless otherwise expressly provided in this Agreement, no additional members may be admitted to the Company Company, through the issuance by the company of a new interest in the Company interests, without the prior unanimous written consent of the Members.

Appears in 5 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement

Admission of Additional Members. Except as otherwise expressly provided in this Agreement, no additional members may be admitted to the Company through issuance by the company of a new interest in the Company without the prior unanimous written consent of the MembersMember Manager.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

Admission of Additional Members. Except as otherwise expressly provided in this Agreement, no additional members may be admitted to the Company through issuance by the company Company of a new interest in the Company Company, without the prior unanimous written consent approval of the MembersManaging Member.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Titanium Asset Management Corp)

Admission of Additional Members. Except as otherwise expressly provided in this the Agreement, no additional members may be admitted to the Company through issuance by the company of a new interest in the Company without the prior unanimous written consent of the MembersCompany.

Appears in 1 contract

Samples: Operating Agreement

Admission of Additional Members. Except as otherwise expressly provided in this the Agreement, no additional members may be admitted to the Company through issuance by the company of a new interest in the Company without the prior unanimous written consent of the Members.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement

Admission of Additional Members. Except as otherwise expressly provided in this Agreement, no additional members may Person shall be admitted to the Company through issuance by the company as a Member of a new interest in the Company without the prior unanimous written consent of a majority-in-interest of the existing Members.

Appears in 1 contract

Samples: Purchase Agreement (Victory Acquisition Corp)

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Admission of Additional Members. Except as otherwise expressly provided in this the Agreement, no additional members may be admitted to the Company through issuance by the company of a new interest in the Company without the prior unanimous written consent of the majority of the Members. Notwithstanding anything else to the contrary, the Members hereby agree that the Managers will be allowed to offer equity ownership stakes to employees and consultants of the Company in amounts and on terms to be decided in the reasonable discretion of the Mangers in order to attract, incentivize and compensate such employees.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Graphite Corp)

Admission of Additional Members. Except as otherwise expressly provided in this the Agreement, no additional members may be admitted to the Company through issuance by the company Company of a new interest in the Company without the prior unanimous written consent of the Members.

Appears in 1 contract

Samples: Operating Agreement (Focus Universal Inc.)

Admission of Additional Members. Except as otherwise expressly provided in this Agreement, no additional Additional members of the Company may be admitted to the Company through issuance by with the company of a new interest in the Company without the prior unanimous written consent of the MembersMember, but such admission shall not become effective until this Agreement is amended to reflect the newly admitted member’s rights hereunder.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Detroit Radio, LLC)

Admission of Additional Members. Except as otherwise expressly provided in this the Agreement, no additional members may be admitted to the Company through issuance by the company of a new interest in the Company Company, without the prior unanimous written consent of each of the Members.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement

Admission of Additional Members. Except as otherwise expressly provided in this the Agreement, no additional members may be admitted to the Company through issuance by the company of a new interest in the Company without the prior unanimous written consent majority vote of the Memberscompany membership interest holders.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Titanium Asset Management Corp)

Admission of Additional Members. Except as otherwise expressly provided in this Agreement, no additional members may be admitted to the Company through issuance by the company of a new interest in the Company without the prior unanimous written consent of the MembersManager.

Appears in 1 contract

Samples: Operating Agreement (Tulsa Real Estate Fund, LLC)

Admission of Additional Members. Except as otherwise expressly provided in this Agreement, no additional members may be admitted to the Company through issuance by the company of a new interest in the Company without the prior unanimous written consent Approval of the Members.

Appears in 1 contract

Samples: Operating Agreement

Admission of Additional Members. Except as otherwise expressly provided in this Agreement, no additional members may be admitted to the Company through issuance by the company of a new interest in the Company without the prior unanimous written consent of the Members.

Appears in 1 contract

Samples: Operating Agreement

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